Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Product Development and Management Course

By: LCL Coaches Consultants  

Lagos State, Nigeria

27 - 29 Aug, 2019  3 days

Follow Event

  

NGN 94,500

Venue: No 2 Oyefeso Avenue (road between Consolidated Hallmark Insurance and Fidson Ltd), Off Ikorodu road, Savoil Bus stop, Obanikoro, Lagos.

Delegates of Product Developement and Management Course will benefit  the following:

  • Understanding of complete product development process
  • Understand how to build products with sustainable competitive advantage
  • Learn to priorities new product ideas based on business strategic alignment, return on investments and ability to execute.
  • Deliver new product developments on time and how to manage a team (or virtual team) of project resources and multiple business units’ stakeholders
  • Learn how to conduct a detailed project financial analysis, how to develop value and market-based product pricing and how to develop product cost models and product forecasts
  • Six Broad Competencies Addressed in the Training are:
  • Identify and analyses the strategic elements of product development processes.
  • Develop a product innovation charter.
  • Apply idea generation techniques, and
  • Create and test viable product concepts using appropriate assessment techniques.
  • Assess the challenges and opportunities associated with the launch of new products
  • Propose a framework suitable for the management of a new product development process.

Contents

Day One

  • Strategy and planning: Define your strategic objectives, understand your own value position        
  • Define your market: Market size, market demand and market share        
  • Strategic market assessment: Market attractiveness and competitive advantage
  • Development options: Create or outsource, partner selection criteria, operational models             
  • Value creation and product feature selection: Customer needs and key product features identification using Kano method    
  • Market segmentation: Needs based market segmentation           
  • Competitor analysis: Industry analysis, competitor analysis, competitive advantage          

Day Two

  • Concept development and ideas screening: Idea and concept development, project screening and prioritization     
  • Feasibility study How to conduct a feasibility study           
  • High level project planning: Project resources, project management        
  • Business case: Business case structure and writing           
  • Financial analysis: Detailed project financial analysis, cost factors, revenue factors            
  • Product pricing  Value based product pricing       
  • Cost modelling and forecasting  Cost model development and product forecasting            
  • Product and business requirements: Business and product requirements documents structure and sample PRD               
  • Detailed project management plan: Project integration management, scope management, time management, cost, communications, risk, procurement, quality             

Day Three

  • Product solution definition and design:  Detailed product design including product description, marketing plan, product features, commercials, service levels          
  • Business process design Quoting and ordering process, implementation, support, billing 
  • Technical solution architecture: Functional model, data model, vendor evaluation, bench testing, ensuring design quality   
  • OSS/BSS: Architecture considerations    
  • Design tools and tips: POC, ITIL, solution architecture templates
  • Finalizing product build  Product sales and marketing guides, price sheets, product/service collateral, proposals, application forms…   
  • Technical solution build Finals processes, technical guide, OSS/BSS           
  • PRT / ORT: Product readiness testing (technical, commercial and operational)     
  • Product launch: Launch activities, presentations
  • Product lifecycle: Performance management and reporting         
  • Other tools and tips: Leadership and staff choice, portfolio planning, marketing planning and budget       
No 2 Oyefeso Avenue (road between Consolidated Hallmark Insurance and Fidson Ltd), Off Ikorodu road, Savoil Bus stop, Obanikoro, Lagos. Aug 27 - 29 Aug, 2019
NGN 94,500.00
(Convert Currency)

sina Lajorin 08033241313, 09026713101

Discount of 5% for 2 to 4 booking, 10% for 5 plus booking
Executive Coach Sina Lajorin
NST PPC Advert
Related Courses
Beyond the Sales Target Course: Field Sales Development and Management Beyond the Sales Target Course: Field Sales Development and Management

3 days, 02 - 04 Oct, 2019 

2019-10-02 12:10:00
Lagos State, Nigeria

LCL Coaches Consultants

Field Sales Development and Management training is designed to raise the proficiency levels of managers who supervise sales people. It treats the importance of business skills and business management ...

Best Practices in Conflict Resolution and Adaptability Course Best Practices in Conflict Resolution and Adaptability Course

3 days, 02 - 04 Oct, 2019 

2019-10-02 12:10:00
Lagos State, Nigeria

LCL Coaches Consultants

The outline of the program Best Practices in Conflict Resolution and Adaptability Course is as below Day One Definitions of conflict Nature and scope of conflict management Misconceptions about ...

Tendering, Procurement and Negotiation Skills Course Tendering, Procurement and Negotiation Skills Course

3 days, 02 - 04 Oct, 2019 

2019-10-02 12:10:00
Lagos State, Nigeria

LCL Coaches Consultants

Suppliers will seek to optimize their return and need to be engaged in a way that ensures an appropriate relationship for the short and long term. Having the right knowledge and skills in tendering, ...

Work Life Balance Workshop Work Life Balance Workshop

5 days, 07 - 11 Oct, 2019 

2019-10-07 12:10:00
Lagos State, Nigeria

LCL Coaches Consultants

This workshop is designed to assist employers and employees synchronize work and family life for fulfilled personal lives and for increased productivity at work Day One Introduction What is meant by ...